You are right, this is just the start  

We'll see another drop when all those free survey coins are released and dumped. I do suspect Dan will place a few strategic buys (pumps) and paid press releases to keep the price afloat for a while in order to create an illusion of legitimacy.

This way the team and angel investors (who bought at much cheaper prices) can "gently" offload their coins to noobs at a profit, while presale buyers remain in the red.
After they are done, market will take its course and Nokoin will drop to a few satoshis each before falling into oblivion.

Bag holders thought they got a seat on a rocket flying to the moon, instead found themselves in a sinking ship going down to the bottom of the ocean.


Here's another pissed off nokoiner

http://forum.neucoin.org/t/very-disappointed/1863